Category Archives: corruption

Paul Craig Roberts Stunning 2015 Predictions – At Any Time The West Can Collapse

Today King World News spoke with the man who former President Ronald Reagan called upon to help save the United States when the U.S. was in the midst of the 1980 panic. Dr. Paul Craig Roberts gives a portion of his fascinating predictions for 2015 below and also issued the ominous warning that the West Read More

Why Matt Taibbi Thinks This Woman Is JPMorgan’s “Worst Nightmare”

In reality, there is nothing surprising in Matt Taibbi’s latest piece since returning to Rolling Stone from the Intercept, as it tells a story everyone is by now is all too familiar with: a former bank employee (in this case Alayne Fleischmann) who was a worker in a bank’s (in this case JPM) mortgage operations Read More

Why Nations (and organizations) Fail: Self-Serving Elites

by Charles Hugh Smith For those who doubt that America is ruled by a narrow elite: three charts. The book Why Nations Fail: The Origins of Power, Prosperity, and Poverty neatly summarizes why nations fail in a few lines: (A nation) is poor precisely because it has been ruled by a narrow elite that has organized Read More

Fund Manager Warns Another Banking Crisis May Be Imminent- “Something Nasty is Going on Behind the Scenes”

Something nasty is going on behind the scenes in the financial system that is not yet apparent. Treasury futures opened in the early evening and the 10-yr traded down to 2.25%. Something has the market incredibly spooked and I find it interesting that the U.S. Treasury Secretary and the UK’s equivalent will be running a Read More

Obama’s Economy Is Creating Too Many Low-Paying Jobs – Real Danger for a Consumer Based Economy

By Peter Morici Despite another seemingly good jobs report, President Obama’s approval rating is lower than a snake’s belly, and Republicans could retake the Senate in November. Missteps in the Ukraine, Iraq and elsewhere weigh on voters’ minds, but the economy — especially the jobs picture — is not what Obama cracks them up to Read More